After the fall in the US bond market, I am placing another bet in the two-round lottery. Nobody wants US debt at 4.6%? Well, I’ll take some of it. The lottery will have an option premium of $132 if the TLT ETF is above 90 on the evening of June…

The summer weather favors mileage, so I hope you’re paddling intensively! The kays you do now will pay off in less than three months! Time flies like crazy. However, the good news is that at least it’s working for our two-round lottery. The probability of winning the first round is…

February is coming to a close and we have 17 boats at the start of the long race! Come on in! Check our website for the current start list. To give you something to play for this year, I’m announcing a two-round lottery again. I just sold a put option…

On February 1, the entries opened silently and the competition for the first entrant and therefore starting number #1 was caught half an hour after the floodgates were raised by….. K4 KVS The boys are not complete yet, they are persuading the fourth one, but hopefully they will make it,…

Don’t know what to give for Christmas? Give a starting number for the Budějovice – Praha 2024 race! If you are interested, let us know, we will definitely find a way to make it happen.

Save the date June 21-23, 2024 for the next edition of Budějovice – Praha! We are already looking forward!

The overall winner of the 40th edition of Budějovice Praha is Tomáš Pavlík. After big fight, especially on day 2 and 3, he finished 40 secs before Petr Mojžíšek and Matouš Pavlík. More detailed report will come tomorrow.

36 boats, 49 competitors at the start of the long race! They all won the first round of the lottery. The SP500 futures contract closed somewhere around 4190 yesterday, luxuriously above 3500 and thus $300 falls into the draw after this year’s race is finished.

What does it mean? The first round is a put option on the S&P 500 microfutures on the date of May 31 and the level of 3500. I have already executed this this afternoon. On the May 31 date, it will come out one of two ways:Either this futures contract…

After reading the reactions to the previous post and a short reflection, I’m throwing the idea of Kolna into the trash and we’ll go classically on the third day from below the Slap dam. So the course will be the same as last year for both the long and short…